Answer: Bureaucratic organization
Explanation:
A bureaucratic organization is an organization with a pyramidal shaped structure thereby decisions are made in an organized manner and there is high formality in its operations. It involves different layers of management from the top executives to managers till it gets to the lower staffs
Authority and decision making generally comes from the top till it gets to lower layers. Examples of bureaucratic organizations can be found in colleges and police departments.
Answer:
operating Income = Sales – Variable Costs – Fixed Costs
A CVP analysis is used to determine the sales volume required to achieve a specified profit level. Therefore, the analysis reveals the break-even point where the sales volume yields a net operating income of zero and the sales cutoff amount that generates the first dollar of profit.
Cost-volume profit analysis is an essential tool used to guide managerial, financial and investment decisions.
COST-VOLUME PROFIT ANALYSIS
Contribution Margin and Contribution Margin Percentage
The first step required to perform a CVP analysis is to display the revenue and expense line items in a Contribution Margin Income Statement and compute the Contribution Margin Ratio.
Answer:
3. $53,550
Explanation:
Product Cost:
Cost per Unit Cost per Period Direct materials $ 6.60
Direct labor $ 3.85
Variable manufacturing overhead $ 1.50
Fixed manufacturing overhead $ 81,000
Period Costs:
Sales commissions ($0.50 x 9,000 ) $4,500
Variable administrative expense ($0.50 x 9,000 ) $4,500
Fixed selling and administrative expense <u>$44,550</u>
Total Period Cost <u>$53,550</u>
For financial reporting purposes, the total amount of period costs incurred to sell 9,000 units is $53,550.
Answer:
4) All of the above
Explanation:
The day care program should have rewardedbeing on time to encourage this attitude.
Instead they put a price on being late. As parent considers this price cheap they arrive later to have some extra time beofre picking their childrens
Either the day care program reconsiders the fine policy and moves into a better program to estimulate being on time or it increases the "price" so is more expensive for the parents to come in time rather than paiying their fines.
Answer:
The correct option is B,7.70%
Explanation:
Annual coupon interest rate=coupon payment/face value
the coupon payment is the semi-annual interest payment*2
the semi-annual interest payment can be computed using the pmt formula in excel:
=pmt(rate,nper,-pv,fv)
rate is the semi-annual yield to maturity which is 9.25%/2=4.625%
nper is the number of semi-annual interest payable by the bond which is 25*2=50
pv is the current price of the bond which is $850
fv is the face value of the bond at $1000
=pmt(4.625%,50,-850,1000)
pmt=$38.50
annual interest =$38.50*2=$77.00
Annual coupon interest=$77/$1000=7.7%
